Prior to the global pandemic, which has caused a severe recession in Colombia as in other markets, strong economic development gave rise to new ambitions and fuelled desire to turn Colombia into the Silicon Valley of Latin America. The “Orange Economy” incentivised domestic entrepreneurialism and creativity, presenting new opportunities for overseas investors, prompting a general uptick in patenting activity. Added to that, the country’s IP and enforceability systems have improved greatly, particularly in comparison with those in nearby jurisdictions. As is clear in the accompanying lists and descriptions, there are plenty of high-quality firms to partner with, including many that have successfully styled themselves as regional hubs.

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